Insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Tesla, Inc. (TSLA) since 2015 are shown in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Tesla, Inc.. Table 2 shows the detailed insider transactions. This company's CIK number is 1318605.
Total stock buying since 2015: $104,245,870.
Total stock sales since 2015: $62,530,748,241.
Total stock option exercises since 2015: $453,701,170.
| Insider Buying | Insider Sales | Option Exercises | ||||
|---|---|---|---|---|---|---|
| Year | Shares | Value | Shares | Value | Shares | Value |
| 2025 | 12,000 | $3,075,696 | 1,436,737 | $488,289,305 | 2,100,977 | $48,685,086 |
| 2024 | 0 | $0 | 892,998 | $243,120,854 | 1,177,717 | $24,983,512 |
| 2023 | 0 | $0 | 309,222 | $65,976,492 | 318,533 | $5,166,876 |
| 2022 | 0 | $0 | 71,938,442 | $34,217,980,819 | 354,826 | $12,509,614 |
| 2021 | 0 | $0 | 25,032,844 | $26,260,964,700 | 23,697,108 | $185,768,549 |
| 2020 | 14,392 | $10,999,616 | 630,982 | $401,201,345 | 635,870 | $67,633,956 |
| 2019 | 104,240 | $25,312,375 | 385,594 | $108,110,421 | 519,890 | $33,778,520 |
| 2018 | 62,844 | $19,858,053 | 73,624 | $24,438,847 | 112,987 | $3,712,622 |
| 2017 | 95,420 | $25,000,040 | 233,911 | $72,971,896 | 251,466 | $21,154,779 |
| 2016 | 0 | $0 | 2,839,947 | $605,174,766 | 6,906,771 | $45,678,812 |
| 2015 | 82,645 | $20,000,090 | 179,140 | $42,518,796 | 249,419 | $4,628,844 |
| Trading Period | Insider Buying | Insider Sales | Option Exercises | |||
|---|---|---|---|---|---|---|
| year-month | Shares | Value | Shares | Value | Shares | Value |
| 2025-08 | 0 | $0 | 120,000 | $42,034,320 | 0 | $0 |
| 2025-07 | 0 | $0 | 6,000 | $1,770,604 | 96,000 | $1,681,620 |
| 2025-06 | 0 | $0 | 24,564 | $7,983,728 | 28,538 | $436,090 |
| 2025-05 | 0 | $0 | 692,555 | $236,798,050 | 976,944 | $23,375,780 |
| 2025-04 | 12,000 | $3,075,696 | 116,390 | $32,989,453 | 116,390 | $2,852,284 |
| 2025-03 | 0 | $0 | 175,838 | $49,186,546 | 656,715 | $15,805,830 |
| 2025-02 | 0 | $0 | 194,390 | $73,231,404 | 119,390 | $2,906,943 |
| 2025-01 | 0 | $0 | 107,000 | $44,295,200 | 107,000 | $1,626,539 |
| 2024-12 | 0 | $0 | 221,995 | $78,825,162 | 225,928 | $4,405,943 |
| 2024-11 | 0 | $0 | 288,890 | $90,158,107 | 243,390 | $4,996,374 |
| 2024-10 | 0 | $0 | 4,000 | $1,000,000 | 4,000 | $72,880 |
| 2024-09 | 0 | $0 | 8,297 | $2,065,866 | 10,633 | $145,760 |
| 2024-07 | 0 | $0 | 66,364 | $14,618,861 | 136,364 | $3,159,553 |
| 2024-06 | 0 | $0 | 649 | $113,063 | 252,653 | $5,327,926 |
| 2024-05 | 0 | $0 | 93,705 | $17,393,240 | 93,705 | $2,171,144 |
| 2024-04 | 0 | $0 | 10,500 | $1,850,099 | 10,500 | $180,810 |
| 2024-03 | 0 | $0 | 94,392 | $16,560,620 | 96,338 | $2,171,144 |
| 2024-02 | 0 | $0 | 104,206 | $20,535,836 | 104,206 | $2,351,978 |
| 2023-12 | 0 | $0 | 6,520 | $1,615,743 | 9,607 | $72,880 |
| 2023-11 | 0 | $0 | 4,000 | $1,000,000 | 4,000 | $72,880 |
| 2023-10 | 0 | $0 | 14,500 | $3,227,955 | 14,500 | $253,690 |
| 2023-09 | 0 | $0 | 19,557 | $4,846,772 | 20,107 | $220,784 |
| 2023-08 | 0 | $0 | 20,750 | $5,235,164 | 14,500 | $253,690 |
| 2023-07 | 0 | $0 | 20,750 | $5,665,855 | 14,500 | $253,690 |
| Trade Date | Insider Name | Trade Type | Shares | Price ($) | Value ($) |
|---|---|---|---|---|---|
| 2025-08-26 | Murdoch James R | Sale | 120,000 | 350.29 | 42,034,320 |
| 2025-07-11 | Murdoch James R | Option Ex | 90,000 | 17.47 | 1,572,300 |
| 2025-07-08 | Taneja Vaibhav (Chief Financial Officer) | Sale | 2,000 | 300.00 | 600,000 |
| 2025-07-08 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 2,000 | 18.22 | 36,440 |
| 2025-07-07 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 292.65 | 1,170,604 |
| 2025-07-07 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2025-06-12 | Zhu Xiaotong (SVP, APAC) | Sale | 15,000 | 323.81 | 4,857,105 |
| 2025-06-12 | Zhu Xiaotong (SVP, APAC) | Option Ex | 15,000 | 20.57 | 308,550 |
| 2025-06-09 | Taneja Vaibhav (Chief Financial Officer) | Sale | 2,564 | 285.71 | 732,573 |
| 2025-06-05 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 6,538 | .00 | 0 |
| 2025-06-03 | Taneja Vaibhav (Chief Financial Officer) | Sale | 1,000 | 350.00 | 350,000 |
| 2025-06-03 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 1,000 | 18.22 | 18,220 |
| 2025-06-02 | Taneja Vaibhav (Chief Financial Officer) | Sale | 6,000 | 340.68 | 2,044,050 |
| 2025-06-02 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 6,000 | 18.22 | 109,320 |
| 2025-05-27 | Musk Kimbal | Sale | 91,588 | 356.09 | 32,613,662 |
| 2025-05-27 | Musk Kimbal | Option Ex | 91,588 | 24.73 | 2,264,971 |
| 2025-05-27 | Ehrenpreis Ira Matthew | Sale | 477,572 | 355.80 | 169,917,729 |
| 2025-05-27 | Ehrenpreis Ira Matthew | Option Ex | 761,961 | 23.80 | 18,130,861 |
| 2025-05-16 | Taneja Vaibhav (Chief Financial Officer) | Sale | 3,000 | 350.11 | 1,050,336 |
| 2025-05-16 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 3,000 | 18.22 | 54,660 |
| 2025-05-09 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 300.00 | 1,200,000 |
| 2025-05-09 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2025-05-06 | Denholm Robyn M | Sale | 112,395 | 274.71 | 30,876,367 |
| 2025-05-06 | Denholm Robyn M | Option Ex | 112,395 | 24.73 | 2,779,528 |
| 2025-05-01 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 284.99 | 1,139,956 |
| 2025-05-01 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2025-04-29 | Denholm Robyn M | Sale | 112,390 | 284.63 | 31,989,453 |
| 2025-04-29 | Denholm Robyn M | Option Ex | 112,390 | 24.73 | 2,779,404 |
| 2025-04-24 | Gebbia Joseph (Director) | Buy | 8,000 | 256.31 | 2,050,464 |
| 2025-04-07 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 250.00 | 1,000,000 |
| 2025-04-07 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2025-03-10 | Murdoch James R (Director) | Sale | 54,776 | 240.79 | 13,189,403 |
| 2025-03-10 | Murdoch James R (Director) | Option Ex | 531,787 | 24.29 | 12,917,106 |
| 2025-03-06 | Taneja Vaibhav (Chief Financial Officer) | Sale | 2,672 | 268.73 | 718,043 |
| 2025-03-05 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 6,538 | .00 | 0 |
| 2025-03-03 | Taneja Vaibhav (Chief Financial Officer) | Sale | 6,000 | 291.56 | 1,749,342 |
| 2025-03-03 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 6,000 | 18.22 | 109,320 |
| 2025-03-03 | Denholm Robyn M | Sale | 112,390 | 298.33 | 33,529,758 |
| 2025-03-03 | Denholm Robyn M | Option Ex | 112,390 | 24.73 | 2,779,404 |
| 2025-02-06 | Musk Kimbal (Director) | Sale | 75,000 | 368.15 | 27,611,175 |
| 2025-02-03 | Taneja Vaibhav (Chief Financial Officer) | Sale | 7,000 | 381.93 | 2,673,538 |
| 2025-02-03 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 7,000 | 18.22 | 127,539 |
| 2025-02-03 | Denholm Robyn M | Sale | 112,390 | 382.12 | 42,946,691 |
| 2025-02-03 | Denholm Robyn M | Option Ex | 112,390 | 24.73 | 2,779,404 |
| 2025-01-06 | Taneja Vaibhav (Chief Financial Officer) | Sale | 7,000 | 412.30 | 2,886,100 |
| 2025-01-06 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 7,000 | 18.22 | 127,539 |
| 2025-01-06 | Wilson-thompson Kathleen | Sale | 100,000 | 414.09 | 41,409,100 |
| 2025-01-06 | Wilson-thompson Kathleen | Option Ex | 100,000 | 14.99 | 1,499,000 |
| 2024-12-06 | Taneja Vaibhav (Chief Financial Officer) | Sale | 2,605 | 374.21 | 974,827 |
| 2024-12-05 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 6,538 | .00 | 0 |
| 2024-12-04 | Wilson-thompson Kathleen | Sale | 100,000 | 353.71 | 35,370,900 |
| 2024-12-04 | Wilson-thompson Kathleen | Option Ex | 100,000 | 14.99 | 1,499,000 |
| 2024-12-02 | Taneja Vaibhav (Chief Financial Officer) | Sale | 7,000 | 356.27 | 2,493,883 |
| 2024-12-02 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 7,000 | 18.22 | 127,539 |
| 2024-12-02 | Denholm Robyn M | Sale | 112,390 | 355.77 | 39,985,552 |
| 2024-12-02 | Denholm Robyn M | Option Ex | 112,390 | 24.73 | 2,779,404 |
| 2024-11-15 | Denholm Robyn M | Sale | 112,390 | 315.01 | 35,403,861 |
| 2024-11-15 | Denholm Robyn M | Option Ex | 112,390 | 24.73 | 2,779,404 |
| 2024-11-11 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 350.00 | 1,400,000 |
| 2024-11-11 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2024-11-11 | Wilson-thompson Kathleen | Sale | 100,000 | 347.77 | 34,777,100 |
| 2024-11-11 | Wilson-thompson Kathleen | Option Ex | 100,000 | 15.54 | 1,554,500 |
| 2024-11-08 | Taneja Vaibhav (Chief Financial Officer) | Sale | 8,000 | 300.82 | 2,406,568 |
| 2024-11-08 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 8,000 | 18.22 | 145,760 |
| 2024-11-01 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 251.76 | 1,007,040 |
| 2024-11-01 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2024-11-01 | Musk Kimbal (Director) | Sale | 60,500 | 250.64 | 15,163,538 |
| 2024-11-01 | Musk Kimbal (Director) | Option Ex | 15,000 | 24.73 | 370,950 |
| 2024-10-24 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 250.00 | 1,000,000 |
| 2024-10-24 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2024-09-23 | Taneja Vaibhav (Chief Financial Officer) | Sale | 8,000 | 250.00 | 2,000,000 |
| 2024-09-23 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 8,000 | 18.22 | 145,760 |
| 2024-09-06 | Zhu Xiaotong (SVP, Automotive) | Sale | 297 | 221.77 | 65,866 |
| 2024-09-05 | Zhu Xiaotong (SVP, Automotive) | Option Ex | 2,633 | .00 | 0 |
| 2024-07-25 | Denholm Robyn M | Sale | 66,364 | 220.28 | 14,618,861 |
| 2024-07-25 | Denholm Robyn M | Option Ex | 136,364 | 23.17 | 3,159,553 |
| 2024-06-06 | Zhu Xiaotong (SVP, Automotive) | Sale | 649 | 174.21 | 113,063 |
| 2024-06-05 | Zhu Xiaotong (SVP, Automotive) | Option Ex | 2,633 | .00 | 0 |
| 2024-06-03 | Murdoch James R (Director) | Option Ex | 250,020 | 21.31 | 5,327,926 |
| 2024-05-06 | Denholm Robyn M | Sale | 93,705 | 185.62 | 17,393,240 |
| 2024-05-06 | Denholm Robyn M | Option Ex | 93,705 | 23.17 | 2,171,144 |
| 2024-04-01 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 176.20 | 1,850,099 |
| 2024-04-01 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 17.22 | 180,810 |
| 2024-03-12 | Denholm Robyn M (Director) | Sale | 93,705 | 175.43 | 16,438,949 |
| 2024-03-12 | Denholm Robyn M (Director) | Option Ex | 93,705 | 23.17 | 2,171,144 |
| 2024-03-06 | Zhu Xiaotong (SVP, Automotive) | Sale | 687 | 177.11 | 121,671 |
| 2024-03-05 | Zhu Xiaotong (SVP, Automotive) | Option Ex | 2,633 | .00 | 0 |
| 2024-02-29 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 204.17 | 2,143,785 |
| 2024-02-29 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 17.22 | 180,810 |
| 2024-02-21 | Denholm Robyn M (Director) | Sale | 93,706 | 196.27 | 18,392,051 |
| 2024-02-21 | Denholm Robyn M (Director) | Option Ex | 93,706 | 23.17 | 2,171,168 |
| 2023-12-14 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 250.00 | 1,000,000 |
| 2023-12-14 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2023-12-06 | Zhu Xiaotong (SVP, Automotive) | Sale | 1,049 | 244.34 | 256,315 |
| 2023-12-06 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 1,298 | 244.34 | 317,157 |
| 2023-12-06 | Taneja Vaibhav (Chief Financial Officer) | Sale | 173 | 244.34 | 42,271 |
| 2023-12-05 | Zhu Xiaotong (SVP, Automotive) | Option Ex | 2,633 | .00 | 0 |
| 2023-12-05 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 2,586 | .00 | 0 |
| 2023-12-05 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 388 | .00 | 0 |
| 2023-11-29 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 250.00 | 1,000,000 |
| 2023-11-29 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2023-10-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 210.67 | 2,212,035 |
| 2023-10-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 17.22 | 180,810 |
| 2023-10-06 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 253.98 | 1,015,920 |
| 2023-10-06 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2023-09-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 244.32 | 2,565,360 |
| 2023-09-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 17.22 | 180,810 |
| 2023-09-06 | Zhu Xiaotong (SVP, Automotive) | Sale | 1,064 | 249.62 | 265,591 |
| 2023-09-06 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 1,317 | 249.61 | 328,741 |
| 2023-09-06 | Taneja Vaibhav (Chief Financial Officer) | Sale | 176 | 249.62 | 43,933 |
| 2023-09-05 | Zhu Xiaotong (SVP, Automotive) | Option Ex | 2,633 | .00 | 0 |
| 2023-09-05 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 2,586 | .00 | 0 |
| 2023-09-05 | Taneja Vaibhav (Chief Financial Officer) | Sale | 4,000 | 250.02 | 1,000,072 |
| 2023-09-05 | Taneja Vaibhav (Chief Financial Officer) | Option Ex | 4,388 | 9.11 | 39,974 |
| 2023-09-01 | Zhu Xiaotong (SVP, Automotive) | Sale | 2,500 | 257.23 | 643,075 |
| 2023-08-28 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 242.53 | 2,546,565 |
| 2023-08-28 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 17.22 | 180,810 |
| 2023-08-04 | Kirkhorn Zachary (Chief Financial Officer) | Sale | 3,750 | 261.00 | 978,750 |
| 2023-08-04 | Taneja Vaibhav (CFO and CAO) | Sale | 4,000 | 261.00 | 1,044,000 |
| 2023-08-04 | Taneja Vaibhav (CFO and CAO) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2023-08-01 | Zhu Xiaotong (SVP, Automotive) | Sale | 2,500 | 266.34 | 665,849 |
| 2023-07-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 268.23 | 2,816,415 |
| 2023-07-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 17.22 | 180,810 |
| 2023-07-07 | Taneja Vaibhav (Chief Accounting Officer) | Sale | 4,000 | 278.36 | 1,113,440 |
| 2023-07-07 | Taneja Vaibhav (Chief Accounting Officer) | Option Ex | 4,000 | 18.22 | 72,880 |
| 2023-07-05 | Kirkhorn Zachary (Chief Financial Officer) | Sale | 3,750 | 278.70 | 1,045,125 |
| 2023-07-03 | Zhu Xiaotong (SVP, Automotive) | Sale | 2,500 | 276.35 | 690,875 |
| 2023-06-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 243.13 | 2,552,865 |
| 2023-06-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 19.07 | 200,182 |
| 2023-06-14 | Zhu Xiaotong (SVP, Automotive) | Sale | 2,500 | 260.00 | 650,000 |
| 2023-06-09 | Taneja Vaibhav (Chief Accounting Officer) | Sale | 12,000 | 250.04 | 3,000,444 |
| 2023-06-09 | Taneja Vaibhav (Chief Accounting Officer) | Option Ex | 12,000 | 18.22 | 218,640 |
| 2023-06-06 | Zhu Xiaotong (SVP, Automotive) | Sale | 793 | 215.51 | 170,897 |
| 2023-06-06 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 1,298 | 215.51 | 279,729 |
| 2023-06-06 | Kirkhorn Zachary (Chief Financial Officer) | Sale | 7,403 | 215.51 | 1,595,405 |
| 2023-06-06 | Taneja Vaibhav (Chief Accounting Officer) | Sale | 3,181 | 215.51 | 685,530 |
| 2023-06-05 | Zhu Xiaotong (SVP, Automotive) | Option Ex | 2,633 | .00 | 0 |
| 2023-06-05 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 2,586 | .00 | 0 |
| 2023-06-05 | Kirkhorn Zachary (Chief Financial Officer) | Sale | 3,750 | 217.69 | 816,337 |
| 2023-06-05 | Kirkhorn Zachary (Chief Financial Officer) | Option Ex | 16,871 | .00 | 0 |
| 2023-06-05 | Taneja Vaibhav (Chief Accounting Officer) | Option Ex | 7,138 | .00 | 0 |
| 2023-05-30 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 200.00 | 2,100,000 |
| 2023-05-30 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 20.91 | 219,555 |
| 2023-05-04 | Kirkhorn Zachary (Chief Financial Officer) | Sale | 3,750 | 162.70 | 610,125 |
| 2023-04-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 152.44 | 1,600,620 |
| 2023-04-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Option Ex | 10,500 | 20.91 | 219,555 |
| 2023-04-04 | Kirkhorn Zachary (Chief Financial Officer) | Sale | 3,750 | 197.31 | 739,912 |
| 2023-04-03 | Musk Kimbal (Director) | Sale | 100,000 | 197.84 | 19,783,900 |
| 2023-04-03 | Musk Kimbal (Director) | Option Ex | 100,000 | 24.73 | 2,473,000 |
| 2023-03-27 | Baglino Andrew D (SVP Powertrain and Energy Eng.) | Sale | 10,500 | 194.36 | 2,040,780 |
Insider trading activities including stock purchases, stock sales, and option exercises of TSLA listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Tesla, Inc. (symbol TSLA, CIK number 1318605) see the Securities and Exchange Commission (SEC) website.